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$473,000

5002 Braesvalley Dr, Houston, TX, 77096

Off MarketInfo
Baths0 Bath

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,423 sqft

Land Information

APN0900980000018
Lot Number18
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 18 BLK 35 MEYERLAND SEC 5
Census Tract420800
Assessed Land Value$448,400
Assessment Year2025

About this property

12,420 SF Prime Residential Lot in Meyerland Section 5. The perfect canvas for your dream home! Ideally located with quick access to Loop 610, minutes from Houston’s top destinations—including the Texas Medical Center, Rice University, NRG Stadium, and the Galleria. Set in a peaceful, well-established neighborhood, 2-blocks from scenic running and biking trails, offering a tranquil lifestyle with outdoor amenities close at hand. The area is flourishing with newly constructed million-dollar homes, reflecting its growing prestige and investment potential. Enjoy the convenience of Meyerland Plaza, only four blocks away, featuring HEB Grocery and a variety of shops & restaurants. Families will appreciate the proximity to Blue Ribbon Lovett Elementary School and Meyerland Park, both just a 2-minute drive from the property. Consider 5002 Braesvalley Drive when planning your new construction build - offering unmatched location, lifestyle, and opportunity.

Investor Tools

Property Icon
$473,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$234,456Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
$689/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,740
$448,400
2025
$448,400
N/A
$448,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,740
$448,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$240,000
No
First
Sep 18, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,544
$229,456
49%
50%
$1,679/mo

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5002 Braesvalley Dr | Property Details | No Agent List